401(k) · DOL Form 5500 · 2023

Teals Management Group, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
248
Participants Below avg headcount
44th
Percentile by assets National rank
$19,688
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Teal's Management Group, Inc. 401(k) Plan · Sponsored by Teals Management Group, Inc. · Minnesota · Retail Trade

$5M in assets, 248 participants

Teals Management Group, Inc.'s Teal's Management Group, Inc. 401(k) Plan reported $5M in total assets and 248 participants in its 2023 DOL Form 5500 filing, ranking in the 44th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,588 in Retail Trade (8,414 peers)

Coverage in Minnesota

Teal's Management Group, Inc. 401(k) Plan covers 248 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.

#4,588
in Retail Trade (8,414 peers)
+16.6%
assets growth YoY

Teal's Management Group, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Teal's Management Group, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,882,651 44th percentile higher than 44% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Teal's Management Group, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teal's Management Group, Inc. 401(k) Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teal's Management Group, Inc. 401(k) Plan reported net income rose from -$932K in the plan year 2022 filing to $696K in the plan year 2023 filing.
  • Teal's Management Group, Inc. 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Teal's Management Group, Inc. 401(k) Plan reported participants fell from 251 in the plan year 2022 filing to 248 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411895574 · Teals Management Group, Inc. PY 2023 · 401(k)

Teal's Management Group, Inc. 401(k) Plan · $5M · 248 · 44th

  • PART $5M
  • TYPE 248
  • NET 44th
  • BOOK 401(k)
  • VS-ST near Steel Dust Recycling, LLC 401(k) Plan
  • BOY ind #4588

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Minnesota →

Teal's Management Group, Inc. 401(k) Plan in the asset neighbourhood

Teal's Management Group, Inc. 401(k) PlanTeal's Management Group, Inc…$5MSteel Dust Recycling, LLC 401(k) PlanSteel Dust Recycling, LLC 40…$5MRepertoire Immune Medicines, Inc. 401(k) PlanRepertoire Immune Medicines,…$5MThermal Specialties, LLC 401(k) PlanThermal Specialties, LLC 401…$5MAccrotool, Inc. Employees Savings & Retirement PlanAccrotool, Inc. Employees Sa…$5M
End-of-year total assets ($M) among Teal's Management Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$696K
Employer EIN411895574
Plan Effective Date2000-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teals Management Group, Inc.)

Sponsor-wide plan assets over time

All Teals Management Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 27.8367867727284% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.19M $5.35M ▲ +27.7%
Year Plans Participants Total Assets
2022 1 251 $4M
2023 1 248 $5M
2024 1 247 $5M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Teal's Management Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Teal's Management Group, Inc. 401(k) Plan, Total assets ($B): 0.004882651 · Participants: 248Teal's Management Group, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Teal's Management Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Teal's Management Group, Inc. 401(k) Plan side-by-side with 3 peers →

Teal's Management Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Steel Dust Recycling, LLC 401(k) Plan in AL ($5M); by covered participants it is Exotic Rubber & Plastics Corp. 401(k) Plan in MI (248 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (248 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Teal's Management Group, Inc. 401(k) Plan assets move in 2023? ▼
Teal's Management Group, Inc. 401(k) Plan grew sharply - up 16.6% during 2023, from $4M to $5M. Reported net income was $696K.
How have Teals Management Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Teals Management Group, Inc.'s sponsor-wide assets grew 27.8%, from $4M to $5M.
Which 401(k) plans are similar in size to Teal's Management Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Steel Dust Recycling, LLC 401(k) Plan in AL ($5M, 158 participants).
Which 401(k) plans cover a similar participant headcount to Teal's Management Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Exotic Rubber & Plastics Corp. 401(k) Plan in MI (248 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411895574.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.